Posted: December 22, 2023
President Ferdinand R. Marcos Jr. signed into law Republic Act No. 11975, also known as the “General Appropriations Act (FY) 2024”, in a ceremony held at Malacañan Palace, 20 December 2023.
In his speech, President Marcos Jr. emphasized that the budget is the instrument which tells how the taxes paid by the people will be returned to them. He added that the budget details the plan in fighting poverty and combatting illiteracy, in producing food and ending hunger, in protecting homes, in securing the border, treating the sick, keeping the people healthy, creating jobs, and funding livelihoods.
He also reminded those who will execute the budget that implementation delay and illegal deviations inflict the same havoc of denying the people of the progress and development that they deserve.
The President likewise called on executive agencies to carry out the expenditure program lawfully and to honor the taxpayers who made the next year’s budget possible and work in solidarity for a more empowered Philippines.
The Presidential Legislative Liaison Office (PLLO), headed by Secretary Mark Llandro L. Mendoza, together with other officials and staff, assisted during the said event. PLLO served as bridge between the Executive and Legislative branches of government and addressed the questions and issues raised by the legislators during the budget deliberations on both chambers of Congress.
